Former Reddit CEO Yishan Wong responds to connection with TERRA token, plans to use token fees for tree planting
Foresight News reported that former Reddit CEO Yishan Wong clarified his relationship with the Bags ecosystem fan token TERRA on the X platform. Yishan initially stated that he had no association with the token and had mistaken it for the Terra (LUNA) project. After community members explained that the token was a fan token based on Bags, issued in support of Yishan's environmental project Terraformation, and that related fees would be donated to support his environmental initiatives, Yishan changed his stance and expressed support. Yishan subsequently stated that he would claim the related fees generated by the token in the future and use them for environmental activities such as tree planting.
According to GMGN market data, TERRA's market capitalization is currently reported at $3 million. Foresight News reminds that meme tokens are highly volatile, so please invest cautiously.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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